Orlando airport takes S&P upgrade into sale of taxables, tax-exempts
S&P said the action reflects the Orlando International Airport's financial resilience during the pandemic and its strong passenger recovery trends.
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S&P said the action reflects the Orlando International Airport's financial resilience during the pandemic and its strong passenger recovery trends.
Triple-A benchmark curves were bumped two to five basis points outside of five years as markets calmed to start February.
Market volatility has led to munis seeing the worst performance to start the year since 2018 and the biggest monthly losses since March 2020.
Short-end muni yields have risen more than 30 basis points on some triple-A scales over the past five trading sessions.
Triple-A benchmarks were cut two to six basis points across the curve with the largest moves concentrated again on bonds inside 10 years, underperforming Treasuries once again.